Louisville KY Short Sales

Many things have changed in the real estate market recently and it can be a bit intimidating for a buyer. But if you understand a few key concepts, you are can be in the driver’s seat for a great deal on your next property.  One type of property sale you definitely want to understand is the short sale. 

View all Short Sales Below

If you want a home in the Louisville area, a short sale might be the right way for you to go.  A short sale refers to a property sale that provides the lender with less money than currently owed by the borrower.  It’s an agreement between the seller (borrower) and his/her lender that can prevent the home from going to foreclosure.Louisville Short Sales

A short sale can provide you with a once in a lifetime opportunity to buy a home at a bargain price.  This might mean more square footage, a better location or higher quality construction than you might otherwise find.  There are some distinct advantages of a short sale over foreclosure too.

Short sale homes are often in better condition than foreclosures because the previous owner sought to sell before they defaulted. That often means they have done a better job maintaining their home until they listed the property too.

How can you ensure that the short sale property that interests you is in good condition? Make a successful home inspection by a reputable firm part of your offer on the home.  Be aware that the lender may be in too much of a hurry for this, but the purchase price will often be low enough to make your risk worthwhile.

If you want to purchase a home in this favorable market, a short sale may well get you much more house for your money. Know the risks. See professional advice and you may well be in your dream home before you know it.

These Louisville Short Sales are updated every day from the  Louisville KY MLS. If you would like more information on any of these Louisville Short Sales for sale, just click the "Request More Information" button when viewing the details of that property. We can provide you with disclosures, past sales history, dates and prices of homes recently sold nearby, and more.

And, if you haven't already, be sure to register for a free account so that you can receive email alerts whenever new Short Sales come on the market.

8 Properties
Under Contract
5314 High Crest Dr Crestwood, KY 40014
$399,000
Subdivision: Woods Of Hillview
5
Beds
4F11/2
Baths
5,336
Sq.Ft.
2006
Year Built
175
Days on Site
1545923
MLS
THIS PROPERTY IS A SHORT SALE...5 BEDROOM 4.5 BATH LOCATED IN PICTURESQUE CRESTWOOD!! THIS HOME HAS SO MUCH TO OFFER AND WILL BE A GREAT OPPORTUNITY FOR THE LUCKY BUYER WHO LANDS THIS DEAL. CLOSE TO...
$209,500
Subdivision: Hunters Ridge
3
Beds
2F11/2
Baths
2,760
Sq.Ft.
2005
Year Built
58
Days on Site
1552782
MLS
Great opportunity to purchase. Home has hardwood floors on main level, vaulted ceilings,gas fireplace and open floor plan. Enjoy family time in the Eat-in-Kitchen, Formal Dining room or fullyfinished...
$140,100
Subdivision: Ashby Acres
3
Beds
2
Baths
1,569
Sq.Ft.
1958
Year Built
191
Days on Site
1544468
MLS
Short Sale. This property is sold in As-Is condition. Seller will not make any repairs. Previously a gorgeous 3 bedroom 2 bath ranch located on a corner lot with attached 2 car garage and partially...
Under Contract
6014 Bay Harbor Dr #6014 Louisville, KY 40228
$139,500
Subdivision: Village At Wildwood
3
Beds
2F11/2
Baths
1,846
Sq.Ft.
2003
Year Built
146
Days on Site
1548112
MLS
Property is a short sale being sold-as-is subject to lender third party approval!
$114,900
Subdivision: Lone Acres
4
Beds
1
Baths
1,430
Sq.Ft.
1971
Year Built
153
Days on Site
1547671
MLS
Welcome to this traditional bilevel located conveniently near shopping and dining just south of the Gene Snyder and east of 65. On the main level you will find 3 bedrooms and the full bathroom. The...
Under Contract
8407 Archwood Ct Louisville, KY 40219
$103,000
Subdivision: Timber Glen
3
Beds
1F11/2
Baths
1,580
Sq.Ft.
1978
Year Built
52
Days on Site
1553186
MLS
Property needs extensive work, short sale. Property is at a price the bank is willing to accept.
Under Contract
3324 Blanton Ln Louisville, KY 40214
3
Beds
1F11/2
Baths
1,678
Sq.Ft.
1932
Year Built
196
Days on Site
1544144
MLS
This property sits on 3.9 acres per PVA. Advise buyer to survey.There is a pole barn towards the back of the property & a field past the pole barn. This home needs complete rehab or demo. This is a...
$43,000
Subdivision: Churchill
4
Beds
2F11/2
Baths
1,230
Sq.Ft.
1925
Year Built
193
Days on Site
1544341
MLS
Possible short sale. 4 Bedroom 2.5 bath home. Large covered front porch, fenced yard and a block garage. Newer windows. A lot of home for the money. Would make a great home or good investment for...